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White Paint Index: What the price of titanium means to the economy

 May 18, 2009 09:20 PM UTC
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Filed under: Forecasts, General Motors (GM), Indices, Caterpillar (CAT), Sony Corp ADR (SNE), KB HOME (KBH), Economic data, Housing

Econoblog Financial Armageddon has a great post on titanium and what the price of this prized commodity means for the general economy. In a nutshell, titanium is a critical component of paint, particularly the base color white. Titanium is used in all manner of paints for houses and buildings, cars, home appliances, and consumer electronics. So this number impacts a wide swath of the industry from homebuilder like Toll Bros. (NYS: TOL) to car companies like Ford (NYS: F) to appliance makers like General Electric (NYS: GE) to retailers like BestBuy (NYS: BBY). From an AP article on titanium dioxide trends:

Continue reading White Paint Index: What the price of titanium means to the economy

White Paint Index: What the price of titanium means to the economy originally appeared on BloggingStocks on Mon, 18 May 2009 16:20:00 EST. Please see our terms for use of feeds.

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